Physical Rubber prices witnessed improvement on Wednesday, supported by firm demand for tyres. Although, fast spreading of Delta variant virus in some parts of the world capped further gains on rubber prices. Spot prices for RSS-4 variety rose to Rs 168.50/ kg compared to its previous closing of Rs 167.50/ kg; while the RSS-5 variety gained to Rs 165.50/ kg compared to its previous closing of Rs 164.50/ kg.
In the futures market, August delivery lost to Rs 171.70 compared to its previous closing of Rs 172.15 on the Indian Commodity Exchange Limited (ICEX).
